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Published · transcript-backed

Matthew Cox: belief

17 Jan 2024 Lex Fridman Podcast #409 – Matthew Cox: FBI Most Wanted Con Man – $55 Million in Bank Fraud

“Regardless, it’s still in the process. And, I think that we’re still in the process, and it could be six months or a year away because it’s a slow thing.”

— Matthew Cox

Source trail

Everything needed to verify it.

Speaker
Matthew Cox
Attribution
Verified speaker
Claim type
belief
Recorded
17 Jan 2024
Publisher
Lex Fridman Podcast

Transcript context

…Federal, or… This is state at this point. It’s a state task force because there’s multiple counties involved at this point. It wasn’t hard for him to explain. This comes back to Reservoir Dogs. All he had to say to the officers was, “Listen, you got to let me go. I can’t do any prison time. I’m going to tell you about a much, much bigger scam.” And they go, “Okay, well how can you prove that scam?” “Pull up Hillsborough County’s Tax Appraiser website. Okay, look up the name James Red. Look, all of these were bought six months ago. Six months later, they’re all in foreclosure. Pull up Lee Black. All of these were bought. Look, six months later, all of them are foreclosure. Hey, pull up James Red. Pull up Brandon Green, pull up…” So, all of these are going in foreclosure. What I thought was so cute, not cute. It was just stupid. So very quickly they put together a task force. He’s working with them on the task force, and we’re still buying houses, flipping houses, doing everything. Because I believe him. He’s saying, “Look, if I have to go to jail for a year or so,” and he is also paying… He hasn’t paid them back yet, but we’re saying he can pay them back. He’s like, “Look, if we get to the point, when we get to that point, we’ll pay them back.” But we haven’t paid him back yet, because we have no way to show where that money came from. We can always go to one of his relatives and give his dad 40 grand, give his mom 20 grand, that kind of stuff, and start putting money that way. And all that money was taken out in cash, too. So we could always show up with a chunk in cash. All that money was taken out in cash too. So, we could always show up with a chunk in cash. Regardless, it’s still in the process. And, I think that we’re still in the process, and it could be six months or a year away because it’s a slow thing. I’ve already been through the process my first time when I got in trouble, and it was a year from the time that I was spoken to until I pled guilty and was sentenced. I’m not concerned about it. Well, that’s happening. We’re still flipping properties. And, one day… I have a buddy named Steve Sutton. Remember the sheriff’s deputy? Keep in mind, it’s funny because I’ve done bad loans for police officers, sheriffs, lawyers, doctors, across… everybody. These aren’t all- Yeah, everybody.…

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